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HIGHLIGHTS

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Who we are

Genel Energy is a socially responsible oil producer with an asset portfolio that positions us well for a future of fewer and better natural resources projects.

Our strategy is focused on building reliable and repeatable cash flows, as we strive to deliver on our ambition of being a world-class creator of shareholder value, fulfilling our goal of being a socially responsible contributor to the global energy mix.

Genel signed its first PSC in the Kurdistan Region of Iraq in 2002, the first company to do so. Genel has now invested $3.5 billion in the region, supporting thousands of jobs and making a material social and economic contribution. We marked 20 years in the KRI through an increase in the scope of our social activities under the Genel20 banner.

The largest initiative announced was the Genel20 Scholars programme, which is set to provide the opportunity for disadvantaged students to have a life-enhancing education.

Half-Year Results 2024

We announced half-year results for 2024 on 6 August 2024.

latest news and announcements

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  • 02/12/2024

    Update on arbitration regarding the Bina Bawi and Miran PSCs / Arbitration Award made in favour of Kurdistan Regional Government

  • 12/11/2024

    Trading and operations update

  • 21/08/2024

    Result of bond buy-back offer to bondholders

  • 06/08/2024

    Half-Year Results 2024

  • 06/08/2024

    Announcement of bond buy-back offer to bondholders

Genel thistle in grass

Genel has published its fifth comprehensive Sustainability Report, included in the 2023 Annual Report, detailing our activities as we aim to positively impact the communities in which we operate, and meet head on the challenges associated with the energy transition.  The standalone report can be viewed at the link below.

 

  • Integrity

  • Respect

  • Accountability

  • Collaboration

  • Ingenuity

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